Banking
Chase to block UK customers crypto-related transactions from October 16
The bank explained that its decision was to safeguard its users funds from frauds and scams.
Oluwapelumi Adejumo 2 min read Banking News
Follow crypto banking news, de-risking, stablecoin rails, fintech partnerships, and how traditional finance is adapting to digital assets.
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Oluwapelumi Adejumo 2 min read 
Banking
JP Morgan considering a new blockchain-based settlement token
The asset could be more versatile than the bank's existing JPM Coin, but the idea is said to be in very early stages.
Adoption
Tether now a top global buyer of US Treasury bills amid market turmoil
Stablecoin giant Tether emerges as top global US Treasury buyer amid market volatility
More Banking News & Analysis
Adoption
Mastercard Multi-Token Network moving at ‘amazing pace’ as Polytrade tests RWA token integration – report
Mastercard's novel blockchain scheme sparks optimism as Polytrade showcases invoice financing possibilities.
Adoption
Lugano teams with Tether to drive citywide blockchain adoption
Tether to run validator node for Lugano to elevate blockchain utilization in city's financial infrastructure.
Bankruptcy
Federal Reserve shuts down Farmington Bank over unapproved stablecoin project
The bank worked with Fluent Finance on its US+ stablecoin in 2022 but did not seek Fed approval before beginning the project.
Regulation
Wall Street banks back Elizabeth Warren’s Digital Asset Anti-Money Laundering Act
The bill, if passed, will impose the same standards and requirements on crypto businesses as banks and other financial institutions.
Adoption
Tokenized Deposits as Alternative to Stablecoins Favored by South Korean Banks in Preparation for CBDCs
South Korean banks' see growing trend towards certificate of deposit tokens as stablecoin alternatives.
Adoption
Societe Generale subsidiary receives France’s first crypto services license
Crypto services will be required to have a license from an EU member state in order to operate under the region's MiCA rules starting in January 2025.
Latest Banking News Headlines
Exchanges
National Australia Bank blocks millions in crypto transactions citing scam concerns
Tokenization
Ripple eyes US bank partnerships following SEC victory, as XRP volume surpasses Bitcoin
Investments
Silent Protocol ushers in a new era of DeFi privacy as Sora Ventures leads $5M round
Partnerships